BQ Blue’s dedicated research division brings together high quality and detailed equity and economic research reports from India’s leading brokerage houses, asset managers and research agencies. These reports provide BloombergQuint subscribers with an opportunity to expand their understanding of companies, sectors, and the economy.
Burger King India is a fast growing international fast food chain in India.
It started operations in 2014 and in five years has established 261 restaurants in major cities. As a master franchisee, the company has the exclusive rights to develop, build and operate Burger King branded restaurants in India and to offer them as a franchisee.
The company has grown faster over the past five years, mainly taking advantage of the break in the McDonalds franchise in northern India.
The company has a well-defined restaurant rollout plan to open 700 restaurants in all regions by 2026.
The proceeds from the IPO would be enough to open 190 new branches by 2023.
Click the attachment to read the full report:
This report was prepared by an external party. BloombergQuint is not responsible for the accuracy of the content or for it in any way. The content of this section does not constitute investment advice. You must always seek advice from an expert who meets your individual needs. The views expressed in the report are those of the brokerage company and do not reflect the views of BloombergQuint.
Users are not licensed to copy, modify, or distribute the content without the permission of the original owner.